GENERAL16 Sept 2026
Gem and Jewellery Council criticises Centre's steep hallmarking fee hike
The Centre has raised gold hallmarking fees by 67 per cent, and the Gem and Jewellery Council (GJC) wants that hike reviewed at once. The higher fee hits jewellers and gold buyers. GJC says the focus should instead be on fake hallmarking and unauthorised operators. If you deal in gold jewellery, check how this fee change affects your costs and keep your records ready.
Key Statutory Highlights
- The Centre has increased gold hallmarking fees by 67 per cent.
- The Gem and Jewellery Council (GJC) has asked for an immediate review of that increase.
- GJC says authorities should focus on fake hallmarking and unauthorised operators instead.
Actionable Advice for Taxpayers / Founders:If you buy or sell gold jewellery, ask your jeweller how the higher hallmarking fee may affect your bill, and check the hallmark on each piece before you pay.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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